SEC Form 4 · accession 0001127602-17-030818
TEXAS INSTRUMENTS INC · TXN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bing Xie
Officer — Senior Vice President
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000097476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 30, 2017 | M | 10,000 | $32.80 | A | 78,102 | D | |
| Common Stock | Oct 30, 2017 | M | 7,500 | $34.63 | A | 85,602 | D | |
| Common StockF1 | Oct 30, 2017 | S | 17,500 | $96.5316 | D | 68,102 | D | |
| By TrustF2 | holding | — | — | — | 68,050 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock Option (Right to Buy)F3 | $32.80 | Oct 30, 2017 | M | 10,000 | D | — | Jan 25, 2023 | Common Stock | 10,000 | 0 | D |
| NQ Stock Option (Right to Buy)F4 | $34.63 | Oct 30, 2017 | M | 7,500 | D | — | Jan 27, 2021 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1The price in Table 1 is a weighted average sale price. The sales were at prices ranging from $96.51 to $96.63. The Issuer undertakes to provide upon request a detailed breakout of the sale prices and the number of shares sold at each price.
- F2Shares held in trust for the benefit of family members of which reporting person is a trustee.
- F3The option became exercisable in four equal annual installments beginning on January 25, 2014.
- F4The option became exercisable in four equal annual installments beginning on January 27, 2012.